Seafire: From firefighting to forward momentum - SEB
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Seafire: From firefighting to forward momentum - SEB

Seafire’s transformation efforts are beginning to deliver tangible results, with improving margins, cash flow and earnings, despite a seasonally weak quarter, continued external headwinds and elevated costs. Supported by ongoing efficiency measures, stabilising underlying demand and the recent acquisition of Splendor Plant, we expect the group’s positive earnings trajectory to continue in both the short and long term.

Seafire’s transformation efforts are beginning to deliver tangible results, with improving margins, cash flow and earnings, despite a seasonally weak quarter, continued external headwinds and elevated costs. Supported by ongoing efficiency measures, stabilising underlying demand and the recent acquisition of Splendor Plant, we expect the group’s positive earnings trajectory to continue in both the short and long term.
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